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20121201
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. >> reporter: it feels like it, the president is in hawaii and congress is out of town and the fiscal cliff negotiations are on hold for the holidays with no agreement in sight. john boehner is throwing the ball in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt is to make significant spending cuts and fix our tax code. to pave the way for long term growth and opportunity. this is an approach most americans support and remains republicans' highest priority. but we only run the house. democrats continue to run washington. >> reporter: the president left town for his traditional christmas in hawaii and he and his family arriving there this morning and he has gotten in a round of golf already. before leaving the white house, he stayed back hayes spe-- scal back his expectations, and he said it is time for compromise. >> president barack obama: we move forward together sore we
of the coffin carrying hawaii senator daniel inouye as it is carried into the capitol where he will lie in state. a great honor for a man who was the original congressman when hawaii was made a state and spent all of the rest of those years serving in washington. we'll be right back. rol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. martha: we start with this fox news alert. a memorial service for the late u.s. senator daniel inouye is beginning inside the rotunda of the u.s. capitol building right now. the beloved senator from hawaii lying in state, a great honor bestowed on this gentleman who was beloved by so many on capitol hill. you have congressional leaders and vice president biden who will make remarks and lay wreaths at the senator's casket. he was a world war ii veteran, 17-years-old when pearl harbor was bombed. the first american japanese representative on capitol hill, breaking t
president obama called the top four congressional leaders last night on his way back from hawaii. tomorrow afternoon at the white house will be a meeting between the president and those top four congressional leaders and earlier the top senate democrat expressed concern or frustration saying you cannot legislate with yourself. >> the republicans in the house have left town. the negotiations between the president and the speaker have fallen apart as they have for the last three and a half years. we have tried mightily to get something done. >> now, perhaps in an effort to address that we know late today senator reid who you heard from there went to meet with his counter part senator mcconnell the top republican in the senate, perhaps talking about what it will take to bring some republicans along on a potential deal. harris? >> harris: a lot of energy spent on all this going back and forth. in fact, leading republicans suggesting a great deal of time has been wasted on politics. >> that is precisely right. they note that the house republicans tried to address the issues this summer and vote
the conclusion. the president's plane won't take off for hawaii probably until saturday afternoon at 3:00. there'll be the pearls if you will tied to the railroad tracks. and in the end they'll get a deal this saturday. because it looks like arithmetic at this point. it'll be $500,000 a year. how do you see it? you're a games person. you know how they're looking at this thing. >> you know, i'm not sure. we usually agree, chris. i'm not sure we see it the same way. john boehner appears to be going off his own personal political cliff. what he is doing if you just look back at the last few days, clearly it seems he and the president were dealing with each other in relatively good faith. they were compromising. they were both giving up things that were making their base unhappy. and then boehner goes to plan "b" and says they're going to vote on plan "b." now he's sticking to the plan "b" yesterday, except it sounds -- last thing i heard when i went in here is he's going to attack spending cuts. because he doesn't control his caucus, chris. he's getting such major blowback from his far right wing n
his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the lo
, when the president is supposed to head to hawaii on his christmas vacation, all of this could slide. the real deadline is the end of the year, but they really need to strike a deal by christmas. and even doing that, have been waiting as long as that is something that could really roil the market. so it's also important that they do it before then, ted. >> yeah, well, hopefully the threat of missing their vacation will push them to work harder. >> it works sometimes. >> sure. brianna keilar for us this morning at the white house. brianna, thank you. this morning, some calming words on syria amid fears that the crumbling regime there could unleash chemical weapons on its own people, just days after the u.s. and other countries warned embattled president bashar al assad against such action. defense secretary leon panetta says syria may be backing away from that threat. here is what panetta said earlier this morning aboard a flight to kuwait city. >> we haven't seen anything new indicating, you know, any aggressive steps to move forward in that way. but we continue to monitor it very cl
Search Results 0 to 5 of about 6